News

Putnam Investments has named Jeffrey R. Carney as senior managing director and head of global marketing and products.

The U. S. Department of Labor’s Employee Benefits Security Administration (EBSA) scheduled an October 21 public hearing on its proposed regulation for providing retirement plan investment advice.

EPIC Advisors, Inc. will now deliver its suite of products and services to the 403(b) retirement plan market.

Alliance Benefit Group, LLC, announced the launch of a version of SmartPlan 401, an interactive video-based education and enrollment system designed to engage employees.

A Transamerica Retirement Survey reveals that Americans want the next President and Congress to focus on guaranteeing retirement income.

Matrix Communications Technologies announced the rollout of three retirement plan education products.

Workplace retirement plans enjoyed an across-the-board participation hike in 2007—the first such increase since 1998.

Bellatore Financial, Inc. announced it will acquire Advisor Partners, LLC, as a wholly owned subsidiary.

The majority of advisers in a recent survey expect the government’s rescue plan for Wall Street to help the market rise.

Did you know fleas that live on a dog can jump higher than fleas that live on a cat?

A report from the AARP Public Policy Institute suggests inadequate legs on the three-legged stool for retirement savings will mean a bleak retirement for many.

The U.S. Department of Labor sued the now-defunct People Unlimited Consulting Inc. and two of its executives for violating the Employee Retirement Income Security Act (ERISA).

The U.S. Treasury Department announced Wednesday a technical correction that will permit additional money market funds to participate in its Temporary Money Market Fund Guarantee Program.

Nationwide Retirement Plans announced the launch of its Retirement Clear Advantage, a retirement plan product featuring fee disclosure and institutional class mutual funds.

New Frontier, a Boston-based research and investment advisory firm, partnered with FundQuest to offer exchange-traded fund (ETF) managed account portfolios to financial advisers.

401kDIRECT scheduled an October 15 launch for its 401kDIRECT MAX Plan to be available for advisers, administrators, and plan sponsors.

Fidelity Investments, Vanguard Group, and T. Rowe Price Group all said they will join the U.S. Treasury Department's guarantee program for money market funds.

Executor’s Resource launched EstateLogic, an estate and legacy preparation Web offering.

The Hartford Mutual Funds decided to participate in the new Money Market Fund Guaranty Program from the U.S. Treasury.

While participants (and their plan sponsors and advisers) nervously contemplated the impact of the market tumult on their retirement savings, Congress held a hearing on the subject.